Tag: Nigeria’s debt
Nigeria Borrowed N7.71 Trillion in Q1 2024 – DMO
Nigeria's new borrowing in Q1 2024 was N7.71 trillion, including N2.81 trillion from domestic borrowing and N4.90 trillion securitization The ...
Why Nigeria’s total debt rose by N24trn — DMO
The DMO attributed Nigeria's increased public debt to factors including exchange rate fluctuations and securitisation of Ways and Means Advances ...
Nigeria’s Debt Soars to ₦121.67 Trillion Amid Fresh Loans During Tinubu’s Administration
Nigeria's public debt soared to ₦121.67 trillion ($91.46 billion), with ₦6.53 trillion borrowed from December to March alone The debt ...
Nigeria’s Debt Rises To N49.8trn – DMO
Nigeria's total public debt has risen to $108.3 billion (N49.8 trillion), according to the Debt Management Office (DMO). DMO stated ...
America should be in jail if borrowing is a crime – Tinubu
Bola Tinubu, presidential candidate of the All Progressives Congress (APC), has downplayed the concerns and enormity of Nigeria’s debt profile. ...
Nigeria’s public debt stock hits N42 trillion
Nigeria's total public debt stock, which was N41.60 trillion ($100.07 billion) in March, increased to N42.84 trillion ($103.31 billion) by ...
Nigeria’s debt hits N42.8tn amid shrinking revenue
The Debt Management Office has disclosed that Nigeria’s total public debt stock has increased from N41.60tn as of March 2022 ...
World Bank: Nigeria’s debt vulnerable, costly
The World Bank has revealed that Nigeria's debt, which may be considered sustainable for now, is vulnerable and costly. According ...
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